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Special Financial Assistance funds were granted to three struggling pension plans by the PBGC on July 11.

When L D Wenger Construction Co. Inc. ceased operations, its 401(k) plan was deserted by the fiduciary, barring retirement plan participants from access to their retirement assets, the...

Congressional Republicans allege that proxy firms give advice based on political preferences, not investors' financial interest.

If applied to all US target-date options, the incorporation of illiquid assets could represent $5 billion in additional net returns, according to a Georgetown University research report.  

Former Pendal Group CEO Nick Good will report to CEO and Chair David Musto.

More than 371,000 retirement plan participants had data exposed in a breach in late May, according to PBI.

Perigon selects Hasan as CIO; State Street appoints Donohue as head of sustainability; GoldTree hires Plotke as principal. 

The committee’s spending bill appropriates $14 million for the creation of a retirement account database.

Settlement comes about two years after initial complaint of fiduciary negligence and excessive fees.

Schwab introduces tools for workers with student loan debt; CapIntel launches proposal builder for SEC Marketing Rule compliance; Penny Finance adds automated money insight.

Nava and Nielsen Benefits Group plan to make cost-effective health care more accessible for small and midsize employers.

The proposed class action brought by Twitter’s former head of people experience alleges Elon Musk and X Corp. violated ERISA fiduciary obligations.

The new rules are designed to increase MMF liquidity and protect investors from runs on the funds, starting in 2024.

An insurance advocacy group follows up 2023 legislative plans with a push for policies that increase the use of retirement income products and CIT investment vehicles. 

The funded status reached its highest level since before the Great Recession of 2007 to 2009, according to one analyst firm.

The seminar will take place in Buffalo, New York, and aims to educate plan sponsors about basic fiduciary responsibilities.

The suit, filed in Massachusetts federal court, alleges retirement plan fiduciaries caused participants to pay excessive fees to plan recordkeeper Fidelity Investments.  

Four industry leaders were added to Principal Financial Group's retirement division.

The final rule clarifies lump sum payments, de minimis amounts and payments to estates.

The FAQ also strengthens the health care cost protections of the No Surprises Act.